Webinar: Operational automation for insurers - how to increase efficiency and boost profitability
And thus by automating previously overlooked processes like credit control, collections and account receivables carries a range of genuine business benefits, such as:
• Freeing up millions in unallocated capital and improving cash flow.
• Increased operational efficiency.
• Improving financial controls and reducing risk.
• Faster processing times.
• Enhanced auditability.
• More visibility on key transactions.
Indeed the above benefits could be the difference between making a profit or a loss in today’s increasingly turbulent economic landscape.
With this in mind you can now watch this on-demand webinar brought to you by Insurance Post and AutoRek where an expert panel explored the topic of middle and back office transformation and operational automation more broadly.
Among the questions addressed were:
• Why should insurers be looking more to the middle and back office as the focus of their digital transformation programmes?
• What tangible steps should firms take to drive higher levels of automation across middle and back-office functions?
• What are the typical issues preventing the industry from embracing operational automation more widely?
• Can you highlight some obvious and perhaps less obvious benefits of automating payments and reconciliation as one example?
• Are there any further back-office areas that would benefit from automation that might have so far been ignored?
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